102,245,761 Annual Report 2015 PT GMF AeroAsia

Corporate Governance PERUSAHAAN Corporate Social Responsibility Audited Financial Statements ANNUAL REPORT AWARD 2015 Reference of 2015 Annual Report Award Criteria 173 Laporan Tahunan 2015 | Annual Report Piutang Sewa Pembiayaan – Tidak Lancar Piutang sewa pembiayaan menurun 83.41 menjadi USD186,835 dibandingkan tahun 2014 sebesar USD1,126,154. Penurunan Piutang Sewa Pembiayaan sesuai dengan masa sewa yang telah disepakati dengan pelanggan. Aset Pajak Tangguhan – Bersih Aset Pajak Tangguhan merupakan jumlah pajak penghasilan yang dapat dipulihkan pada periode masa depan sebagai akibat adanya perbedaan temporer yang boleh dikurangkan, akumulasi rugi pajak belum dikompensasi, dan akumulasi kredit pajak belum dimanfaatkan, dalam hal peraturan perpajakan mengizinkan. Aset pajak tangguhan menurun 3.01 menjadi USD12,466,182 dibandingkan tahun 2014 sebesar USD12,852,827. Penurunan aset pajak tangguhan terutama disebabkan oleh perbedaan temporer yang dapat dikurangkan akibat menurunnya perbedaan aset tetap secara komersial dan iskal. Aset Tetap Aset tetap GMF terdiri dari Bangunan dan prasarana, suku cadang rotable, peralatan dan perlengkapan bengkel, peralatan kantor dan komputer serta konstruksi bangunan. Pada tanggal pelaporan tidak terdapat kejadian atau perubahan keadaan yang mengindikasikan penurunan nilai aset tetap yang dinyatakan dalam biaya perolehan. Aset tetap meningkat 4.14 menjadi USD89,592,744 dibandingkan tahun 2014 sebesar USD86,027,332. Peningkatan aset tetap terutama disebabkan oleh penambahan aset tetap selama tahun berjalan yang berasal dari suku cadang rotable, peralatan dan perlengkapan bengkel serta penyelesaian hangar 4. Finance Lease Receivable – Non Current Finance lease receivable decreased by 83.41 amounting to USD 186.835 compared to that in 2014 amounting to USD 1.126.154. this decrease was based on tenancy period agreed by customers. Defered tax assets – Net Deferred tax assets represents the number of income taxes recoverable in future period as a result of deductible emporary diferences, accumulated tax loss has not been compensated, and the accumulation of tax credits has not been exploited, to the extent that tax regulations allow. GMF deffered tax assets decreased by 3.01 to USD 12.466.182 compared to that in 2014 amounting to USD 12.852.827. This decrease was due to deductible temporer deferences in commercial and iscal. Fixed Assets GMF ixed assets consist of buildings and infrastructure, rotable spare parts, workshop equipment and supplies, as well as oice equipment and computers. On the reporting date there were no events or changes in circumstances indicating value impairment of ixed assets stated in the acquisition cost. Fixed assets increased by 4.14 to USD 89.592.744 compared to that in 2014 amounting to USD 86.027.332. This increase was due to the addition of fixed assets during the year from rotable part, workshop eqipment and supplies and also Hangar 4 building which was completed. Analisis Kinerja Keuangan Analysis of Financial Performance KILAS KINERJA Performance Highlights PEMEGANG SAHAM DAN PEMANGKU KEPENTINGAN Report to Shareholders and Stakeholders Company Proile Business Suport Review MANAJEMEN Management Discussion and Analysis 174 Laporan Tahunan 2015 | Annual Report Terkait perkembangan aset tetap akan dibahas pada sub bab berikutnya yaitu Informasi Realisasi Investasi Barang Modal pada Laporan Tahunan ini. Related to the development of fixed assets will be discussed in further chapter; information of Realization of Investment Capital Goods in this Annual Report. Graik Liabilitas Tahun 2011-2015 USD Chart of Fixed assets in 2011-2015 USD Jumlah Liabilitas Total Liabilities Liabilitas terdiri liabilitas jangka pendek dan liabilitas jangka panjang. Jumlah liabilitas meningkat 14.61 menjadi USD190,202,733 dibandingkan tahun 2014 sebesar USD165,957,977. Jumlah komposisi liabilitas tersebut berasal dari liabilitas jangka pendek sebesar USD91,707,329 atau 48.22 dan liabilitas jangka panjang sebesar USD98,495,404 atau 51.78. GMF liabilities consist of short-term liabilities and long term liabilities. Total liabilities increased by 14.61 to USD 190.202.733 compared to that in 2014 amounting to USD 165.957.977. Total of liability composition was driven by the addition of short term liabilities by 48.22 amounting to USD 91.707.329 and long term liabilities by 51.78 amounting to USD98.495.404. 15,825,844 57,565,155 20,240,504 86,027,332 89,592,744 2011 2013 2012 2014 2015 Corporate Governance PERUSAHAAN Corporate Social Responsibility Audited Financial Statements ANNUAL REPORT AWARD 2015 Reference of 2015 Annual Report Award Criteria 175 Laporan Tahunan 2015 | Annual Report Tabel Liabilitas Tahun 2011-2015 USD Table Of Liabilities In 2011-2015 USD Grai k Liabilitas Tahun 2011-2015 USD Chart Of Liabilities In 2011-2015 USD Disajikan kembali Restated 92,509,430 137,185,459 110,026,311 165,957,977 190,202,733 2011 2013 2012 2014 2015 Uraian In detail 2011 2012 2013 2014 NaikTurun Change in 2015 Liabilitas Jangka Pendek Short term liabilities 57,582,729 64,448,724 56,081,862 75,679,976 21.18 91,707,329 Liabilitas Jangka Panjang Long term liabilities 34,926,701 45,577,587 81,103,597 90,278,001 9.10 98,495,404 Jumlah Liabilitas Total liabilities 92,509,430 110,026,311 137,185,459 165,957,977

14.61 190,202,733

Analisis Kinerja Keuangan Analysis of Financial Performance KILAS KINERJA Performance Highlights PEMEGANG SAHAM DAN PEMANGKU KEPENTINGAN Report to Shareholders and Stakeholders Company Proi le Business Suport Review MANAJEMEN Management Discussion and Analysis 176 Laporan Tahunan 2015 | Annual Report Liabilitas Jangka Pendek Liabilitas jangka pendek merupakan hutang-hutang yang harus dilunasi dalam tempo satu tahun. Jenis liabilitas jangka pendek GMF terdiri dari pinjaman jangka pendek, utang usaha, utang lain-lain, utang bruto kepada pelanggan, utang pajak, beban akrual dan pinjaman jangka panjang jatuh tempo dalam waktu satu tahun. Liabilitas jangka pendek meningkat 21.18 menjadi USD91,707,329 dibandingkan tahun 2014 sebesar USD75,679,976. Peningkatan liabilitas jangka pendek terutama disebabkan oleh meningkatnya utang usaha dan utang pajak. Short Term Liabilities Short-term liabilities are debts that must be repaid within one year. GMF short-term liabilities consist of short- term loans, trade payables, other payables, tax liabilities, accrued expenses and long-term loans matured within one year. Short term liabilities increased by 21.18 to USD 91.707.329 compared to 2014 amounting USD75.679.976. This increase was mainly caused by the increase of trade accounts payable and tax liabilities. Tabel Liabilitas Jangka Pendek Tahun 2011-2015 USD Table of short term liabilities in 2011-2015 USD Uraian In detail 2011 2012 2013 2014 NaikTurun Change in 2015 Pinjaman Jangka Pendek Short term loans - - 5,000,000 5,000,000 100.00-100.000 5,000,000 Utang Usaha Trade payables 40,418,093 32,103,544 22,065,035 31,449,309 55.27 48,832,590 Utang Lain-lain Others payable 2,621,848 13,163,112 1,914,899 2,315,062 85.33 4,290,599 Utang Bruto Kepada Pelanggan Gross receivable from customers - 1,702,081 - 405,836 42.02 235,299 Utang Pajak Tax liabilities 1,159,388 2,212,953 4,478,723 3,481,838 151.97 8,773,296 Beban Akrual Accrued expenses 11,489,928 12,075,248 19,640,141 26,166,074 19.88 20,963,727 Pinjaman Jangka Panjang Jatuh tempo satu tahun Long term loans matured within one year 1,893,472 3,191,786 2,983,064 6,861,857 25.50 8,611,818 Jumlah Liabilitas Jangka Pendek Total short term liabilities 57,582,729 64,448,724 56,081,862 75,679,976

21.18 91,707,329